Second quarter fundraising splinters the Democratic field between the top 5 earners and the rest of field:
Between President Donald Trump posting record-shattering fundraising numbers, a formerly little-known mayor setting a high bar for the Democratic field and a swath of campaigns making significant investments in digital operations in the early stages, the Federal Election Commission reports filed on Monday offered a glimpse at the shifting fates for the campaigns as they prepare for the long race ahead.
But Sanders is stocked up against the crowded Democratic presidential field, with more than $27 million cash on hand, with help from a $7.6 million transfer from his prior campaign. Buttigieg, Warren and Harris are also gearing up for a competitive second half of 2019, with $22.6 million, $19.8 million and $13.3 million cash on hand. Biden, despite his big fundraising sum this quarter, will have some catching up to do as he enters the third quarter with $10.9 million in his bank.
O'Rourke is finding himself among a tier of candidates whose second-quarter fundraising sums are far less than the top five contenders who set a high bar on fundraising. With six months until the Iowa caucuses, when the first voters will head to the polls in the nominating contest, O'Rourke, along with nearly half of the Democratic field, burned through their cash -- spending more than they raised throughout the second quarter.
After spending nearly double the $2.3 million she raised this quarter, Gillibrand still has more than $8 million in her pocket after she transferred money from her Senate campaign fund last quarter. Delaney, who had the worst burn rate this cycle after spending more than $2 million despite raising just over $284,000, secured more than $7.4 million in his fund by the end of this quarter thanks to a $7 million loan from himself dropped just two days before the close of books.
Warren falls behind him and Yang, with her $19.8 million coming from 384,000 donors and 70% of small-dollar donors making up her fundraising total. About 81% of Yang's second-quarter total came from donations of $200 or less. Buttigieg's campaign claimed more than 294,000 donors who contributed to his staggering $24.9 million haul, and Harris received her $11.8 million from 279,000 donors, according to her campaign.
In the month leading up to the first Democratic debates, which took place on June 26-27, Castro spent roughly $373,000 on debate-related digital advertising from May 25 to June 29, according to data from Facebook and Google's political ad transparency reports, aggregated by Bully Pulpit Interactive, a Democratic digital communications firm.
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